Realtor did some polling on what Australians thought about the property prices. 15% of the (sample) proportion of people thought that they were affordable. Furthermore, the 95% confidence interval was between 13% and 17%. Which of the following statement is correct? Select one O a 15% of all Australians thought that property prices were affordable. Ob. Between 13% and 17% of the majority (95%) of Australians thought that properties were affordable. O citis probably true 95% true) that 15% of all Australians thought that properties were affordable. d We are 95% confident that between 13% and 17% of Australians thought that properties were affordable.

Realtor did some polling on what Australians thought about the property prices. 15% of the (sample) proportion of people thought that they were affordable. Furthermore, the 95% confidence interval was between 13% and 17%. Which of the following statement is correct? Select one O a 15% of all Australians thought that property prices were affordable. Ob. Between 13% and 17% of the majority (95%) of Australians thought that properties were affordable. O citis probably true 95% true) that 15% of all Australians thought that properties were affordable. d We are 95% confident that between 13% and 17% of Australians thought that properties were affordable.

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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A. Suppose we wish to make an estimate of the proportion of the population that has ever been arrested. We take a random sample of 500 people. In this sample, 10% of the respondents report having ever been arrested. Construct a 95% confidence interval for the proportion of people in the population who have been arrested. 2. Interpret, in words, the meaning of this interval.